Deutsche Bank analyst David Begleiter raised the firm’s price target on DuPont to $75 from $60 and keeps a Buy rating on the shares. The company announced a $5B share buyback and its valuation is attractive, Begleiter tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on DD:
- Early notable gainers among liquid option names on November 8th
- Unusually active option classes on open November 8th
- DuPont reports Q3 adjusted EPS 82c, consensus 79c
- DuPont narrows FY22 adjusted EPS view to $3.30 from $3.27-$3.43, consensus $3.29
- DuPont approves new $5B share buyback program, plans accelerated share buyback
